Southlake Center Residential Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 64,026 | 83,954 | −19,928 | 33.4 | 0% |
| 2012 | 63,297 | 77,274 | −13,977 | 34.1 | 0% |
| 2013 | 65,420 | 75,718 | −10,298 | 33.2 | 0% |
| 2014 | 59,687 | 77,153 | −17,466 | 29.8 | 0% |
| 2015 | 62,114 | 79,967 | −17,853 | 26.1 | 0% |
| 2016 | 59,037 | 76,322 | −17,285 | 24.6 | 0% |
| 2017 | 65,142 | 77,203 | −12,061 | 22.5 | 0% |
| 2018 | 59,188 | 93,167 | −33,979 | 14.3 | 0% |
| 2019 | 61,161 | 81,400 | −20,239 | 13.3 | 0% |
| 2020 | 63,077 | 78,624 | −15,547 | 11.4 | 0% |
| 2021 | 72,643 | 73,595 | −952 | 12.1 | 0% |
| 2022 | 66,229 | 93,140 | −26,911 | 6.1 | 0% |
| 2023 | 71,939 | 100,860 | −28,921 | 2.2 | 0% |
In its most recent public year (2023), this organization spent $28,921 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 33.4 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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